LA PLATA, Maryland — Multi-sensor satellite constellation operator Spire Global is weighing multiple strategic alternatives, including the sale of the company, following Kpler Holding SA of Belgium’s decision to walk away from its planned $233.5 million purchase of Spire Global’s maritime business.
Kpler’s decision, if not reversed, places Spire in a delicate position with respect to its principal creditor, Blue Torch Finance, which has already interest charges following Spire’s inability to make quarterly financial disclosures to the U.S. Securities and . . .
To view the entire article, become a subscriber!